Archive · 3 Aug 2025
Real Estate Council Asks Govt to Reduce GST on Building Materials
The real estate industry wants the government to lower the taxes (GST) on the stuff they use to build, like cement.
They want these taxes to be no more than 18%.
They also want tax breaks from the government.
The Delhi government wants to work with companies to build new hospitals, schools, and shopping centers.
Real estate companies are also focused on building homes and buildings that are good for the environment.
NAREDCO urges the government to cap GST on building materials at 18%.
NAREDCO seeks Input Tax Credit (ITC) on commercial assets constructed for leasing.
Delhi Chief Minister assures support for PPP models to develop infrastructure.
The real estate industry aims to build climate-smart homes.
NAREDCO emphasizes sustainable and forward-thinking approaches in real estate.
- Who
- National Real Estate Development Council (NAREDCO)
- What
- NAREDCO urged the government to cap GST on building materials at 18% and seek Input Tax Credit.
- When
- At the 17th edition of NAREDCO's National Convention, published on August 3, 2025.
- Where
- National Capital (Delhi)
- Why
- To ease financial burdens and promote sustainable development in the real estate sector.
NAREDCO's Stance
No Opposing Views
GST Rate
NAREDCO's Stance
Reduce GST to 18% on building materials.
No Opposing Views
No opposing view present.
- Organization
- NAREDCO
- Event
- NAREDCO's 17th National Convention
- Location
- Delhi
- GST Rate Proposed
- 18%
- Delhi CM's Commitment
- Support for PPP models